PSI Software Balance Sheet Health
Financial Health criteria checks 5/6
PSI Software has a total shareholder equity of €102.3M and total debt of €20.1M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are €276.5M and €174.2M respectively. PSI Software's EBIT is €6.3M making its interest coverage ratio 5.1. It has cash and short-term investments of €51.5M.
Key information
19.7%
Debt to equity ratio
€20.12m
Debt
| Interest coverage ratio | 5.1x |
| Cash | €51.50m |
| Equity | €102.29m |
| Total liabilities | €174.19m |
| Total assets | €276.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSAND's short term assets (€165.0M) exceed its short term liabilities (€111.1M).
Long Term Liabilities: PSAND's short term assets (€165.0M) exceed its long term liabilities (€63.1M).
Debt to Equity History and Analysis
Debt Level: PSAND has more cash than its total debt.
Reducing Debt: PSAND's debt to equity ratio has increased from 1.7% to 19.7% over the past 5 years.
Debt Coverage: PSAND's debt is well covered by operating cash flow (41.2%).
Interest Coverage: PSAND's interest payments on its debt are well covered by EBIT (5.1x coverage).